NOT LISTED FOR SALE
-- Bed
-- Bath
3,343 Sq Ft
4,330 Sq Ft Lot

Last Sold June 12, 2020

Last sale price $615,000 $184 Per Sq Ft

5 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Covered Patio or Porch
  • St. Petersburg High School Rated A
  • No HOA
  • 2-minute walk to Millenium Youth Park

About This Home

As of June 2020

NON-FLOOD ZONE, 6-UNIT MULTI-FAMILY in HEART OF HISTORIC UPTOWN.....
Rare Listing! Outstanding opportunity to own a fully-licensed, 6-Unit apartment property located in the heart of the Historic UPTOWN District of St. Petersburg. Built in the Art Deco Era of 1925, this craftsman-style bungalow features many charming details, beginning with the large front porch entry (you can feel the evening breezes from the bay). The first floor of the main house boasts high ceilings along with a wood burning fireplace. Throughout the property you will discover the character of St. Petersburg, including a built-in ironing board, original metal kitchen (in 2 units) and several original claw foot bathtubs. The front building has 4 units (1 studio and 3 - 1bed/1baths), while the back building has 2 apartments (both studios) over a workshop and 3 garage bays. The main Apt is an oversized 1 bedroom ready for the tenant of your choice or you can move in and make it yours. The other 5 units are fully rented with long time tenants in place at below market rents. This presents an opportunity for instant equity. The 4th Street Corrider is two blocks away where you will find the Bier Boutique, Starbucks, Chipotle, Tijuana Flats, 4th Street Shrimp Store, CVS and so much more. Easy access to the highway. Cycling and Walking distance to Round Lake, Crescent Lake, Downtown and even North Shore Pool and Spa Beach. INSTANT INCOME will pay for you to “make it your own” while enjoying the spirit of the St. Petersburg Renaissance! Niche neighborhood with a wonderful sense of community. VIEWED BY APPOINTMENT ONLY. PROPERTY IS OCCUPIED – Please DO NOT DISTURB TENANTS. Perfect 1031x property. Priced at $190 per SF, the list price reflects the condition/process of the renovation.

Last Agent to Sell the Property

Chris Featherston

ATLAS REALTY GROUP License #3356472 Listed on: 03/20/2020

Last Buyer's Agent

Leisa Erickson

ENGEL & VOLKERS ST. PETE License #3468078

ENGEL & VOLKERS ST. PETE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,070

Year Built

  • Built in 1925

Lot Details

  • 4,330 Sq Ft Lot
  • Lot Dimensions are 43x100
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • On-Street Parking

Home Design

  • Bi-Level Home
  • Fixer Upper
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,343 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Crawl Space
  • Fire and Smoke Detector
  • Range

Flooring

  • Wood
  • Laminate
  • Tile

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage

Location

  • City Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • 4,771 Sq Ft Building
  • Saffords Add Rev Subdivision

Building Details

  • Gross Income $54,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,070

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Condition: Fixer
  • Property Sub Type: Multi-Family
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 3343
  • Lot Size Acres: 0.1
  • New Construction: No
  • Year Built: 1925
  • Building Area Total: 4771
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 4330
  • Tenant Pays: Electricity
  • Directions to Property: Head south on 4th Street N, towards downtown St. Pete. Turn right onto 7th Ave N, subject on the right side.
  • Status: Sold
  • Street Post Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8079445?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8079445?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97619
  • Price per Sq Ft: 183.97
  • Close to Original List Price Ratio: 0.97619
  • Ratio: Current Price\Building Area Total: 128.9
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile, Hardwood
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s)
  • Appliances Included: Electric Water Heater, Gas Water Heater, Range, Refrigerator
  • Foundation Details: Crawlspace
  • Levels: Two
  • Street Number Modifier: 633
  • Number Of Buildings: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Lighting, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Patio, Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Additional Water Information: Close to Round Lake and Crescent Lake.

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Covered, On Street, Workshop in Garage
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Public, Sewer Connected, Street Lights
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No

Lot Info

  • Zoning: NT-2
  • Parcel Number: 18-31-17-77814-005-0060
  • Additional Parcels: No
  • Lot Features: City Lot, Level
  • Lot Dimensions: 43x100
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: 8-12 Months

Multi Family

  • Gross Income: 54900
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 5070
  • Tax Block: 5
  • Tax Book Number: H1/77
  • Tax Lot: 6

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $615,000 -2.4% $184 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $630,000 -- $188 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8079445

Stellar MLS